Morgan Joseph

The high yield market today is broader and deeper than ever and now includes many private investment funds in addition to insurance companies and mutual funds who have been purchasers since the market's formation. Our high yield sales and trading department is active in both on-the-run and less well known securities, providing market information critical to placement of high yield and convertible debt for over 300 middle market companies, which are currently underserved in the debt capital markets.

Our client list covers a significant share of the mutual fund, hedge fund and insurance company universe and includes mezzanine lenders and senior debt providers such as banks and specialized finance companies. The group has built strong account relationships at the portfolio manager and senior trader level over many years. These relationships and the associated customer loyalty and depth of market knowledge are keys to providing successful service to our clients.